DEWEY ELECTRONICS CORP | 2013 | FY | 3


    June 30,  
    2013     2012  
Costs incurred on contracts in progress   $ 3,463,691     $ 3,074,540  
Estimated contract profit     559,052       643,526  
      4,022,743       3,718,066  
Less: billings to date     3,323,400       2,790,988  
Contract costs and related estimated profits in excess                
of billings   $ 699,343     $ 927,078  

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